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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Jul 26, 1988

Page

10

Oberlin GE plant to mark final day

Nearly 200 workers at the GE Distribution and Control plant in Oberlin will be treated to steak and lobster as they bid farewell on Wednesday the plants last day of operation. Production for lighting panel boards and switchboards will move to GE plants in North Carolina with overhead costs and capacity reduced across the industry.

Oberlin GE Oberlin Robert Ladue North Carolina Ladue King Stanadyne

Creston Auction Sells 814 Livestock from 329 Consigners

Creston livestock sale reports 329 consignors yielding 814 head plus six goats and one horse. Hay sales include first cutting 380-8165, second cutting calf alfalfa 190, straw 75-80, round bales 18-32. Calves show mixed prices from 50 to 97, hogs and sheep clear at 22 to 61 per head.

New York NYSE Slac Selee Highlow At&t AmesOp Sare Armlac Anheus Archon Armick Conrad Contill Ty Deere Ette duPont Eastat Emisé Exxon Fcapha IC Ind Ai Intereo BL Limited Marion Mead Mellon Ale Merck Ty Navistr NorTel Bet Nova Pactel ParkOri Bobr Phizer iBla Cy Pulghry Ryder Greston Creston

Reagan to hear GOP views on plant closing bill

President Reagan weighs a veto on a 60 day notice requirement for plant closings as he meets with Republican leaders. White House aides say a veto seems likely but no final decision has been made before the Aug. 3 deadline.

Ladue Russell Rogat Cleveland Reagan GOP Washington White House Marlin Fitzwater Kenneth Duberstein Santa Barbara Calif

State tax cuts popular this year see modest overall rise

States cut taxes more often than they raised them in 1988, with a net increase of 600 million across 27 states. The only large increases occurred in Arizona Louisiana and West Virginia, while South Dakota Utah and Kansas posted the biggest cuts. Income tax changes were limited to Arizona and Massachusetts.

Washington National Conference of Legislatures Arizona Louisiana South Dakota Utah West Virginia Kansas Massachusetts Iowa Rhode Island Tennessee

Eaton earnings fall after court ruling impacts polymer unit

Eaton Corp reports Q2 earnings down 19.7 percent to 46.6 million after a court judgment and the sale of its polymer products division. EPS drops to 1.87 from 2.16, with sales at 886.3 million. The California Court of Appeal upheld a 17.6 million award in a 1976 PKL suit involving Cutler-Hammer. Eaton plans to appeal to the California Supreme Court.

Cleveland Eaton Corp Polymer Products Eaton California Court of Appeal PKL Liquidating Trust Cutler-Hammer, Inc PKL Macrodata Cutler-Hammer

Big ticket durable goods rise 8.8 percent in June

U S government data show durable goods orders up 8.8 percent in June led by a large aircraft surge. Transportation jumped 35.5 percent to 38.24 billion, with most gains from Boeing announcements and forthcoming deliveries.

Washington Commerce Department Boeing Co Boeing

Also Mentioned on This Page

GE Electrical Distribution Mebane N.C Howard King Thuan Tron Ricoh Electronics Inc Irvine Ricoh Europe Japan U.S Salomn Llonel Stortch SunMn Syntex Andem Tandy Tennca Texaco OSCO Oe Betny Usx UnTech Pietre R Smith & Co Acme Cleve Allied Corporation Ant CPC Inter Emerson First Bancorp Goodrich Hills Dept of 2 Industries Invacare Be LCB Bancorp Lesco Ine LNB Bancorp Nordson Northern Savings Oo Edison PNC Corp Parker Hannifin Qe Smucke Sunrise Medical Eas Abhtes Woolworth Able York International Ary Creston Livestock Fitzwater House Senate Reno Nev California Supreme Court C.D Central Trust C.d.’S the Central Trust Company Bank FDIC Central Bancorporation Cincinnati Ohio
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